Realtime Worlds Re-Hires Some of MyWorld Team

2
While the entire team working on Realtime Worlds' "3D social gaming experience" Project: MyWorld was laid off shortly before the developer entered bankruptcy this week, over a third have since been re-hired to continue development.

Twenty-three of the sixty people once working on MyWorld have been re-hired by "business rescue and restructuring specialist" Begbies Traynor, which has been brought into turn Realtime Worlds profitable and ease its debts.

"As a smaller entity MyWorld is attracting considerable interest from potential buyers and 23 members of the team who had been working on the project clearly add value to it as a standalone business, hence the fact we have been able to offer a limited number of those jobs back," said Ken Pattullo of Begbies Traynor.

Realtime has been restructured to support running and supporting APB, with further updates promised for the cops vs. criminals MMO. However, this has entailed laying off 150 staff from the Dundee office, which previously employed 210 people.

Begbies Traynor is also trying its hand at flogging off the entirety of Realtime Worlds and says a number of "expressions of interest" have already been received. Realtime apparently owes around £3 million ($4.7 million US) to trade creditors in the UK.

Filed Under
From The Chatty
  • reply
    August 20, 2010 8:58 AM

    "Anybody want a slightly abused Realtime Worlds? Anybody?"
    "Pssst..."
    "Who are you?"
    "Don't get hung up on names. Names are so inconsequential. Names are meaningless. Names make people upset. Just call me, The Dream Liquidator."
    "The Dream Liqui-- ...oh my god, Bobby Kotick! IS THAT YOU?"
    "Wait, what? Kotick? Me? Of... of course its not me. Er, I mean, of course not. Do I...er... does the handsome, awesome, most powerful, greatest, and most pleasant man in gaming CEO-dom seem like a dream liquidator to you?"
    "Bobby, I'd recognize that stench anywhere!"
    "What the..."
    "The smell of soap and tears. So you wanna buy Realtime Worlds?"
    "Maybe. But I'm not that awesome example of a man, Kotick. I'm somebody else. Not Kotick."
    "Yeah, yeah, whatever. Looking to get another franchise, some key people, etc, for your new Infinity Ward, right?"
    "What? Oh... of course not. Not me. I'm not Kotick. I'm interested in... helping these poor people. Yes, these poor slaves...er... people. I want to get these slaves... people working in one of my sweatsho... er... my offices, working on the next... uhm... Wall of Booty titles. Yah."
    "Kotick, you're not good at this."
    "Fine. I'm going to level with you. I need these peons to throw into the hellflames bursting in the old Infinity Ward building because we're running out of people there to work to death. Your guys seem the right mix of desperate, poor, and discouraged to fit right in at Activision where my motto is, 'Death to fun, pay is optional, I hate you.' So how bout it?"
    "I think their souls can be bought cheap, truly."
    "Excellent..."

Hello, Meet Lola